The Minister of Economy and Finance (MEF) rejects the negative prediction of Peru's economy headed for recession, after Merril Lynch provided financial analysis.

Minister Alonso Segura maintains positive predictions for the Peruvian economy despite US bank Merril Lynch's projection of its pending sink into recession.

Turning Peru into the "financial center of the region" is one of the challenges included in a 10-year-period plan, which aims at engaging the private and public sectors, the President of the Lima Stock Exchange (BVL) Christian Laub said.
 

Peru's growth potential as a developing market is driving moves by Chilean insurers to establish footholds in the country's insurance sector, says Fitch Ratings. Last week's announcement that Peruvian insurer Protecta will be acquired by Grupo Security is the latest example of a Chilean insurer's entry into Peru's market. 
 

Peruvian mining company Yanacocha, the JV between US-based Newmont Mining and local mining company Buenaventura, is considering different alternatives to develop its postponed US$4.8bn Minas Conga gold-copper deposit.

The company is considering developing the troubled project along with neighboring deposits, like Michiquillay or Galeno, said Buenaventura CEO Roque Benavides in an interview with local financial daily Gesti�n.

You sure don't want to get tuberculosis. You'll cough a lot, maybe cough up blood, have fever, chills and chest pain. But most cases of the bacterial disease are curable after taking the two first-line drugs for four to six months.
 

Forest animals caught on camera at the Yanachaga National Park in Peru.

The United Nations Children's Fund (UNICEF) called on the Peruvian media to produce programs that are children friendly, after a program entailed a child eating a cockroach last week, according to Peru21.
 

Heavy rains triggered a powerful avalanche of mud and rocks, killing at least 7 people and destroying 65 homes in Chosica, Peru. (March 24) CLICK ON THE IMAGE